SEOUL, Sept. 29 (Korea Bizwire) — The government is stepping up to amend legislation to better protect people’s privacy as COVID-19 continues to speed up digitalization. The Personal Information Protection Commission, a South Korea’s data protection watchdog, said Tuesday that a new bill that amends the Personal Information Protection Act has passed the state council [...]
SEOUL, Sept. 3 (Korea Bizwire) — A U.S.-based group of companies is celebrating the passing of the revised bill of the Telecommunications Business Act in South Korea to curb the sway of Google and Apple when it comes to app store fees. One U.S. game developer welcomed the news, calling himself “a Korean.” “As President [...]
SEOUL, Aug. 28 (Korea Bizwire) — A group of ruling party lawmakers have withdrawn a controversial bill designed to curb slander of former wartime sexual slavery victims and their advocacy groups, in the face of strong criticism from opposition parties. According to a National Assembly website tracking legislative bills, the proposal to revise the act [...]
SEOUL, June 29 (Korea Bizwire) – The National Assembly on Tuesday approved legislation to increase alternative statutory holidays by designating a substitute holiday for all public holidays that fall on weekends. The alternative holiday bill passed the assembly’s plenary session, enabling the designation of official substitute holidays for all public holidays that happen to coincide [...]
SEOUL, May 23 (Korea Bizwire) — Stock manipulators will face confiscations of not only illegal gains but also their seed money under a revised capital market law that seeks to raise the integrity of the market. The National Assembly on Friday approved a partial revision to the Financial Investment Services and Capital Markets Act aimed [...]
SEOUL, Feb. 25 (Korea Bizwire) — The National Assembly is pushing for a law revision to strengthen the punishment of homicide by child abuse in the wake of a series of recent fatal abuse cases that shocked the nation. The Legislation and Judiciary Committee on Thursday passed a revision bill on child abuse crimes, under [...]
SEOUL, Feb. 15 (Korea Bizwire) — A recommended list of instructions for public agencies on reducing the use of disposable products will soon become a legal obligation. The Ministry of Environment recently announced plans for enactment of this new law. The new bill bans public agencies from buying or using disposable products during official events [...]
SEOUL, Jan. 20 (Korea Bizwire) — The government has announced that going forward, it will be able to access various statements on income, property taxes and real estate assets to estimate the value of assets held by those who fail to make child support payments. A new bill that amends legislation on child support payments [...]
SEOUL, Dec. 1 (Korea Bizwire) — The National Assembly passed a bill Tuesday that would allow globally recognized male pop culture artists to postpone their mandatory military duties. The assembly’s plenary session gave the nod to the bill on revising the Military Service Act to grant an exceptional right to defer national defense duties to [...]
SEOUL, June 15 (Korea Bizwire) — A legislative bill to establish legal grounds for designating ‘no-alcohol zones’ in public locations such as parks or squares and punish those who drink or sell alcohol inside these zones is up for deliberation. Rep. Lee Jong-seong from the main opposition United Future Party placed a motion to review [...]